$IOTAUSDT - Multiyear Accumulation

The study of Wyckoff Theory, along with market cycles, would suggest IOTA is being heavily accumulated within this range.

With a clear demand level of 0.20c and clear supply level of 0.40c. Anything sold above 40c is a win, and anything bought below 20c is a win.

Until we've breached the downwards channel resistance, and weekly range high resistance, we can assume we'll just keep dancing between these levels.

If 0.23c is lost as support, a capitulation event could occur.

If 0.23c holds, we may finally get a rally coming out of this range.

As a tech company at the forefront of technology advancements, once the composite man unleashes this beast, generational wealth will be made for those who accumulated the lows.

Beyond Technical AnalysisChart PatternsIOTAIOTABNBiotabtciotaethiotausdIOTUSDTrend Analysis

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